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CSPAN
Nov 30, 2012 9:00am EST
street greed in the form of a $6 trillion housing bubble. this brought large budget deficits. some at the center of the housing crash are pushing to deep cuts to social programs to cure the budget deficit. the c.e.o. of goldman sachs, who received a $10 billion direct bailout at below market interest rates have preached about decreasing social security benefits and increasing the retirement age. main street americans have lost more than 40% of their wealth from 2007 to 2010. nearly one in six u.s. residents is officially poor, the highest rate in 50 years. 22% of american children live in poverty. we're facing an economic situation that resembles the years leading up to the great depression. now, this prevailing budget plan calls for deep cuts, environmental protection, social security, medicare, medicaid. well, corporations and the top 1% get tax cuts of nearly $3 trillion over the next decade. this is not how you protect a democracy. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from texas seek recognition? mr. poe: i ask unanimous
CSPAN
Dec 5, 2012 1:00pm EST
the president called his deficit reduction commission to give the president and -- an idea what we could do to get our fiscal house in order. i want to show in you this chart, mr. speaker, it's the chronic deficits we have had in this country, goes back to 1970. all this red ink represents the inflation adjusted, 2012 dollars, comparing apples to apples across this chart, the deficit that is we have had in this country, and you see going back to 197 o 0, mr. speaker, which happens to be the year of my birth, we have run a deficit every single year from 199 . you remember 1998 we had newt gingrich leading the first republican u.s. house of representatives in modern times. bill clinton in the white house. they came together to solve some big problems. welfare reform, health insurance reform. folks forget about health insurance reform. we did away with pre-existing conditions. did away with all of the impediments in the large group markets, what they call the plans, had great success in that area, and finally got back into some positive territory. to be truthful, this assumes that all the fede
CSPAN
Dec 5, 2012 8:00pm EST
, and he said that it is untanble to not cut them because they are driving the budget deficit, and, you know, the whole entitlement issues, the real core of the problem, the taxing issue, yes, the pyrotechnics, and its -- there's the struggle between the republican and democratic view, but all the numbers people know that it's the entitlement issue so if there's a fix, trajectory to make it somehow stable, that would be -- that's the relation. uh-oh, you have something from the book. >> your books are all ultimately about power, how it's used, squandered, built, and so the sub text of the events that you write about is how life works, how washington works. my favorite sentence in "the price of politics" is, "when you need friends, it's too late to make them." what have you learned about washington and life from the grand bargain? what is the hundred-year lesson from how that unraveled? >> well, you mean last year? what happened last year? well, that they found a way to postpone everything, and, again, they can postpone lots of the problems, but postponement is the theme. the cliche, "ki
FOX News
Dec 6, 2012 1:00pm PST
at all of these programs, are they even going to reduce the deficit? if they have the combined affect of slowing down the economy, the deficit reduction doesn't take place. they have to be more pro active and they have to get aggressive. but none of these guys understand economics. you are talking about a bunch of lawyers. you are talking about a bunch of people that study political science. you don't have anybody in congress that understands economic and they are following poor economic history and applying the same medicine. >> i am only one man. i can't save the world. this super hero is looking at me. again drawing exactly to scale. this just in, an urgent bull law -- bulletin coming in. i am getting results as i speak. you don't think i could perform heroic feats? right this second news from the united states senate that they are moving right now. right now. let me quote -- okay it is not on the stuff i just talked about. apparently harry reid is trying to move heaven and earth for a waiver to allow food in the congressional auditorium. let may get this straight. let me get this
CSPAN
Dec 6, 2012 1:00am EST
, we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we raise taxes to pay for more spending. this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several hundreds thousands of jobs. there is a better way and the speaker has laid it out. it is an approach that calls for tax reform by reforming the tax code and passing responsible spending cuts in order to get our fiscal house in order. that's what america wants. this is our opportunity to do the big things. this is our moment to provide that leadership that america desperately wants and we stand here ready to take the action necessary. >> the american people are hurting right now and now is the moment where we need to step up to the plate and solve the problem. i don't know how any of us can look our kids and grandkids in the eye and explain to them that we aren't willing to pay for the things we are enjoying today but just going to send them the bill. that's why republicans have the proposal on the table that fixes the problem,
CNN
Dec 6, 2012 6:00am PST
who actually came up with a plan to cut the deficit, a plan that everyone hailed as magnificent but no one wanted to adopt. >>> joining me now is cnn contributor will cain. he leans right. good morning, will. >> good morning. let me tell you something. you said the popularity of gangnam style knows no limits. i beg to differ. >> you do? >> i think we just found its limits, when 8-year-olds start doing gangnam style you can count on its popularity decreasing. we're about a year away from it being makarena. >> trying to get two sides come together to come to a deal on the fiscal cliff. >> i don't know about young people's abilities to force cats and dogs and democrats and republicans to come together to find a deal. he had a much more profound message than just simply dancing in that clip, in that psa essentially. he was trying to alert young people to the fact that old people, bluntly, are organized. look at the army of aarp representatives that ensure that programs like medicare and social security, programs that take up something like 50% of our federal budget will remain intac
CSPAN
Dec 5, 2012 11:00pm EST
that there are no miracle cures. does the hard work and dealing with deficit and ensuring that britain wins the global race. that work is underway. the deficit is down. borrowing is down. jobs are being created. it is a hard road, but we are making progress. everything that we do, we are helping those who want to work hard and get along. thank you. [cheers] [cheers] >> mr. speaker, today after 2.5 years, we can see and people can feel in the country the scale of this government economic failure. [cheers] our economy this year is contracting. the conferred government borrowing is revised this year and every year. the national deficit is not rising. excuse me, it is rising, it is not falling. [cheers] i will say again that our economy is contracting this year. government rowling is revised up and the national debt is rising. it is not falling. there are people struggling to make ends meet. middle and lower income families who are paying the price. where millionaires get a tax cut and a 3 billion-pound welfare handout to the people who need it. let me spell out the facts. you might learn something. [cheers] [
FOX News
Dec 3, 2012 10:00pm PST
was pleased to receive her endorsement. >> greta: when you became governor, you inherented a in--d a deficit. do you remember what it was? >> yes. the day before the election, the general election, it was $250 million. >> greta: million? >> uh-huh. keep in mind, the state budget is only 5.6 billion, so the day before the general election we were having it reported as $250 million. the day after the election it came $450 million. >> greta: what happened in those 24 or 48 hours? >> certainly the administration that was in place was not being truthful with the public, and so the day after i certainly was informed that the deficit was much bigger. >> greta: how does that happen? weren't the figures public? i mean, i assume that people were following and reporting on governor richardson as a steward of the economy here. >> no. that was not what was happening. when was coming out -- what was coming out of the governor's office were figures that were not being honest with the people. >> greta: you must have just about fallen over when you saw the number jump in a period of 24 or 48 hours. >> absolu
CSPAN
Dec 4, 2012 7:00am EST
could not print money, we would be in a very bad way. i just think we need to get this deficit under control. those two wars that we have not paid for need to be paid for. you know, it has to be done. if going off the fiscal cliff means that it will be done, so be it. host: other groups are weighing in on these fiscal cliff talks. here is "the new york times" -- in the "financial times" this morning -- roger altman writing today in "the financial times." president obama will be meeting with several governors today at the white house to talk about the fiscal cliff. they will be meeting this morning around 10:00 a.m. eastern time, and then the governors are slated to hold a news conference at around 11:30 a.m. eastern time. go to our website for more details. washington insiders tackle fiscal cliff policy solutions. the group will hold a roundtable discussion today on the importance of reform to address the nation's debt and deficit spending this event takes place this morning around 8:30 a.m. eastern time. go to our website for all our coverage of the fiscal cliff talks. we have a web
CSPAN
Dec 4, 2012 8:00pm EST
the deficit and restructure fiscal policy. so as eventually to bring the budget into balance. this framework must include tax reforms to raise more revenue, encourage growth and enhance progressivity. it must include parameters defining future levels of debt as a share of the gdp. and a date by which the budget will balance. and it must include changes to discretionary spending, entitlements as well as defense. our elected leaders should launch an expedited process to enact legislation that will construct this framework many 2013 -- in 2013, including powerful but appropriate default and enforcement mechanisms. without a recalibrated, sustainable fiscal policy, the united states' international standing will decline, and its national security will be undermined. such an outcome would be bad for the united states and, in our view, bad for the world. as pete said, he and i are joined here today with three, by three distinguished individuals. er is slams of america for -- servants of america for decades who made a difference, who had to come up with tough solutions to very complex problems. and
FOX Business
Dec 2, 2012 1:00am EST
real problem, the growing deficit on the path to greece, the goal gets worse once we kick the can away. that will be the overriding probleming not the slowing economy not people spending money, but sure, that might not happen in the first two months, but it will eventually happen if we keep kicking down the can. we want to prove to the world that we have a solution and if it takes a few months to get there and higher taxes for a while, big deal, we will get there. that's got to be the plan not just the same nonsense. >> yeah, but larry, that's part of your point, but jonas says we're not in a bad recession, we're certainly not in a good recovery. and if we just keep falling little bit by little bit, maybe as much as jump off the cliff, but it's certainly a slippery slope. >> brenda, the damage is already being done. we saw it in november retail sales and companies delaying activity already and we know the ratings agencies are minutes away, we're right to fix the problem in the long run than making a bandaid short-term deal. it doe't get recovery. >> we're going to get a bandaid deal an
FOX News
Dec 1, 2012 1:00pm PST
that doubled the tax hikes that he campaigned on and it adds about $150 billion more, not less to the deficit in and new spending. to republicans with that kind of equivalent of lucy and the football and they are laying flat on their backs? >> republicans scoffed at this first foray from the white house. they thought was ridiculous. for the white house it was the first attempt, first specific plan we've seen since the election being put out there. it was frankly a wish list. john boehner acknowledges as much in his comments was that the white house would like to see. if we do get a deal before christmas it won't look anything like this. >> gregg: instead of meeting with members of congress, even day after day and tens of thousands of dollars the president doesn't do that. the president heads back on the campaign trail gives speeches about it. how frustrating is this to some of the folks on capitol hill who do want to sit down and work with him? >> i think it's frustrating to some members of congress, perhaps members of his own party more than anything. if you look at his record he doesn't do
CSPAN
Nov 29, 2012 10:00am EST
spending her hard-earned tax dollars like water, running trillion-dollar deficits year after year. she's angry and she has every right to be angry. so what are we going to do about it? lately we've heard a lot of talk about raising revenues, but not nearly enough talk about bringing the federal government down to the right size, about matching spending to the resources we have, about balancing the federal budget. oh, we hear about a balanced approach, but that's just a way of saying we need to increase taxes. actually, we don't need to increase taxes. the best thing we could do would be to not increase taxes. the best thing we can do is to raise revenues by making our economy as healthy and strong as it can be. that means we need to help our businesses grow and hire. that's become way too hard to do in the past couple of years. a businessman in duchess county, new york, said he's going to have to limit the number of employees he has to less than 50 so he won't be subject to penalties under the 2010 health law. so right now the federal government is keeping him from offering jobs. that
CNN
Dec 4, 2012 11:00am PST
to deficit reduction that can help give businesses certainty and make sure the country grows. and unfortunately the speaker's proposal right now is still out of balance. he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates. when you look at math, it doesn't work. >> reporter: so unbalanced approach is the white house's nice way of saying you got to be kidding me. jay carney used the phrase in the briefing just now that the proposal from the republicans was a bunch of magic needs and fairy dust and the current standoff is continuing with neither side talking today, brooke. >> magic beans, fairy dust, la la land, it is laughable but not. it is serious stuff that affects every one of us come january 1st, 28 days to go. we know some of the reporting from dana bash on the hill, there are no formal talks going on. the president insists in speaking in this bloomberg interview, he does speak to speaker boehner all the time that the meetings are not what matter. what have you, jessica yellin what have you learned in your repo
FOX Business
Nov 30, 2012 8:00pm EST
a budget, three years without a budget -- three years with a trillion dollar deficit. so we are talking about a problem that needs to be solved with massive spending cuts on the table. neil: i don't know what is really happening behind the scenes. but i do know that these overtures and hands that you get from the white house that the president is open and willing to consider spending cuts -- i don't know what the truth is. the other thing on this middle ground, the tax thing -- letting the difference of 37 or 38%. giving the appearance that there is a middle ground being found here, do you believe that? >> if you look at the middle ground and what is reported, they are giving specifics on taxes, but not stunning. they are saying that those tax cuts will happen 10 to 20 years from now. that is saying that congress at that time, 10 years from now, is going to agree with the spending cuts. listen, we are in this situation because coogress could not even agree on spending cuts your way when the sequester was going into effect and they failed as a super committee in november. they can't even
FOX Business
Dec 3, 2012 8:00pm EST
: they are sweating a lot. >> they instigated deficit reduction it has been tough times, britain with a double dip recession this year, so, it is all about shared sacrifice, everyone from the queen, doing their bit. neil: does the queen sacrifice? >> she seen as not taking -- but all about everybody on the budget. then you have starbucks that found out, you can't move the starbucks in britain, taking away a lot of traditional british tea shops have you starbucks. it has moved in over a third of coffee shops are starbucks. past 14 years starbucks paid lesser than 1% in corporate tax rates. neil: in britain. is it legal? >> it is legal, but the loopholes have to close, to be fair to starbucks, they realized this is p, suicide, they said we do need to pay more, it will be interesting whether google and amazon will follow. neil: i am not a fan of any company that is charges $7 for a cup of coffee. it has to be made out of gold. then you could not drink it i am wondering. it seems to me, there is a disproportionate emphasis on raising taxes, the rate they brought to $55, they over did the fees, and cha
FOX Business
Dec 5, 2012 8:00pm EST
deal. >> is a big deal because the way you eliminate a trillion dollar deficit is a billion dollars at a time. the wavy you get a billion dollars is 100 million or $10 million at a time. so what is our excuse? can we say that it is okay to waste money and hundreds of thousands of small areas that add up to trillions of dollars? or do we have to look at big areas? what i would put forward is congress isn't doing their job and how they write it and oversight it. i still pick up any of my feet on the ground because the penny is were 3.5 cents. anyone in america who is struggling today, we don't have the luxury of ignoring stupidity and waste anymore. charles: i have less than a minute. i have to squeeze this in here. you think we could be a transitional transformative point in thisscountry where it is okay? where it is okay to spend money we don't have? where the american public has given a thumbs-up to the idea? >> i do not think that they have given a thumbs up. i think this last election was about what was what will hurt our growth. but nothing in terms of discussion about the money
FOX News
Nov 30, 2012 2:00am PST
the deficit. those the president would largely tackle later perhaps next year. >> first despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this is not a game. jobs are on the line. the american economy is on the line and this is a moment for adult leadership. >> perhaps most su prirprising the white house proposal to get the president just about unlimited power to raise the nation's debt sealiceiling and w more and more money unless they reject. these will be tough negotiations ahead. we got a little sample of this yesterday from senate majority leader talking to john boehner. >> i don't understand his brain. you should ask him. >> not much time to get this done. the president meantime flies to pennsylvania for a campaign style rally to sell his plan. back to you guys. >> in certain states out west it is legal to smoke marijuana just to get high. does that mean you might not be able to get
CBS
Dec 4, 2012 5:30pm PST
, pay cut contributions will go from 4.% to 6.2%, that's $115 billion a year that will go to deficit reduction instead of being pumped into the economy. heidi cherholts is an economist. >> it's less money for consumers to spend that means the demand for goods and services will drop. who provides goods and services? workers. so employment will fall. >> reporter: those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. with although mejia says that somewhere will mean doing without some of the basics. >> might be a pair of sneakers. might be that jacket that they want to go to school with in the winter. might be those pair of boots that they want to go and keep warm. >> reporter: for john mejia, the debate in washington is not about the federal budget it's about his family's. jim axelrod, cbs news, west new york, new jersey. >> pelley: well, a lot of families with tight budgets will be happy to hear this next story: the housing market is coming back. we got a report today that says home prices in october had their biggest gai
FOX News
Dec 3, 2012 1:00pm PST
they are the big drivers of the deficit and raising more out of the revenue, out of the tax system. whether you call iterates or reform over whatever you call it, and each those touches the third rail of the parties, we have to get together and say, basically, we have to do something right for the country. if we had a bipartisan, avoid the fiscal cliff and pay down the debt type of agreement it would be the best thing that could happen. the market would go up and we would be liking like our future was brighter than a lot of americans think it is today. >>neil: are you smoking anything at all? >>guest: drinking a little coffee. >>neil: quickly, senator, i know you have to go the congressional black caucus has come out with a statement saying, really, leave entitlements alone and focus on hiking taxes. that is the gist of the statement. what do you think of that? >>guest: it does not do it. hiring some people -- higher income people pay a disproportional share of the taxes. and they should. but if you bring the rates back to the rate before president bush it doesnot raise enough to get us to ball
FOX News
Nov 30, 2012 6:00pm PST
to do anything on medicare or medicaid when that's one of the biggest drivers of our budget deficit." there's the president, on record saying it is untenable. >> sean: this is in your book. >> this is in the book. >> sean: your conclusion about the president in your book was he had an opportunity to lead and he did not lead. john boehner was willing to go further than i as a conservative would have liked. we discussed that. how does the president, planning a vacation in hawaii for 20 days. the president sends geithner to meet with the republicans yesterday. >> i don't think that's fair. >> sean: he's a tax cheat. >> he made a mistake and he paid and everyone -- [ talking over each other ] >> sean: i never cheated on my taxes i promise. obama would have caught me by now. look at his proposal, 1.6 trillion tax cut. increase rates on the wealthy only. new stimulus program 150 billion. and he wants a blank cheque that. is not a serious proposal bob. >> it is not. you talk to people in the real world, not in washington, but in the real world, they say the numbers and how this is done, i
CNN
Nov 30, 2012 11:00am PST
how to deal with this deficit. it is all there, you know, in black and white. anybody can read that plan. it has entitlement cuts, it has, you know, cuts in various programs and so on. so they have been pretty specific about what they want. by the way, in the senate, there is no budget for three years. >> here's the thing -- >> but let me raise the other point. i think jessica had it not exactly right when she said the republicans haven't been specific about how they would be willing to raise taxes. what republicans are saying is we're willing to put a cap on deductions of $30,000, $40,000, $50,000, haven't been specific about the number, but that's a way to reduincrease the taxes o wealthier taxpayers but in a way that doesn't raise tax rates. that seems to be a big concession. >> i'm talking about negotiations. if the american people wanted paul ryan's plan, they would have voted for paul ryan. they didn't. they voted for compromise. and that's not happening. wouldn't the most direct way, the best way would be a counteroffer of some sort? with specifics? >> well, you know, do
FOX News
Nov 30, 2012 3:00am PST
, but if the president and the congress can't get together on cutting on doing something about the deficit and doing stuff, fine let the cliff come. >> brian: but the deficit is not addressed and our defense will be gutted. you okay with that? >> i'm not okay with it. but i think the defense will just trim and get it done. listen, the guys who are in the military have operated that way for a long time. in other words they know somebody gives them something they know how to get a job done with less in many cases. they'll do it. >> brian: i don't think so. i think it will be a disas -- disaster and the military will be cut down. >> maybe the disaster would be maybe they don't understand it. now deal with it. >> brian: there is carnage until they come to the realization. thanks so much. >> thank you. >> brian: this morning you will hear from the cop who spent his hard earned cash to buy a homeless man a pair of boots and socks. and from the tourist who snapped this picture. then schools are failing. crime is rising. so why
FOX News
Nov 30, 2012 6:00am PST
the problem? so the fiscal cliff would address the deficit problem. it is $5.5 trillion to the deficit. nobody wants it to happen. you know, the interesting thing about the president's proposal, i disagree with the stimulus spending being included. i support stimulus spending but that is kind of an extraneous issue right now. the cliff is basically the expiration of the tax rates and the across the board spending cuts of about 9% across defense and all domestic spending. that is the fiscal cliff. we shouldn't be dealing with other issues that are long term in order to avert the cliff as it were. that is immediate crisis. we have long term situation --. bill: but you know when lawmakers get a little bit of rope, you know, when they get time to think about it and push it off to the next year, it never gets done. this budget proposal, there are many who wonder whether or not even democrats could support it. the last budget that came from the white house went to the senate, it went 98-0 against it. no one voted for it. melissa: well, that was kind of a tricky parliamentary issue as well but, i do
CNN
Dec 2, 2012 3:00am PST
, and of course hopefully reduce the deficit as well. very busy day there at the white house. on thursday, we have all our eyes on washington. two controversial changes in washington state, same-sex marriage becomes legal on thursday in washington state. we'll also be looking at marijuana. adults over 21 can legally carry up to an ounce of pot, sort of. the federal government still says pot is an illegal drug. that's how they're going to do it in washington on thursday. and on friday, we'll be watching for the jobs report. this is the november jobs report. in october, 171,000 jobs were add a added, you may recall. experts think superstorm sandy could affect this. a lot of people having a hard time getting around, power is out. really put a lot of folks behind. we'll see how that goes. on saturday, a big day for college football fans. heisman trophy winner will be announced. we'll find out who the best player in college football is. last year, can you remember who it is? nfl star robert griffin iii won the heisman. that's your week ahead. >>> well, his name was jordan davis, a 17-year-old boy who w
FOX News
Dec 5, 2012 7:00pm PST
of this is smoke and mirrors. all of this deficit reduction stuff, there isn't any. there aren't any spending cuts. >> greta: while democrats and republicans fight it out, the nation is waiting and waiting and waiting and suffering as they wait. former new york city mayor rudy guiliani joins us. good evening, mayor. >> how will this unravel? >> if you take them at their word, it sounds like the president is anxious to go over the fiscal cliff, and he leaves very little room for republicans to negotiate with him with a 1.7 trillion dollar tax increase, 50 billion more in stimulus spending, and absolutely no expenditure reductions that are going to take place right now. i mean, from the point of view of republicans, you're going to get more spending decreases if you go over the fiscal cliff than if you deal with president obama. >> greta: well, it appears to many in the city that it's politico check mate for the president. if we go over the fiscal cliff, what it means is the taxes will go up on the wealthy, the big earners. it also goes up on the middle class. i assume the middle class will look to
FOX News
Dec 1, 2012 3:00pm PST
not having enough revenue and increasing our deficit is just not a tenable plan for the future, especially as regards to our future employment prospective. but i think with younger voters and with all voters, nationwide and polls showed the core conservative issues of cutting spending and limited government still reigned, which is promising for our future. it was that cares about me question that got us. more than 80% of respondents felt the republican party was something -- a party that did not care about them. so i think going into the future and especially speaking to those communities and demographics that were not supportive of the republican party this time around, it will be important for us as college republicans to make sure we got that message out to those communities in a way that shows that the republican party cares about the future of the entire country by making us a more sustainable place to live. >> rick: meghan, how do you do that? how does the republican party reach out and say, we care about you to the immigrant community? immigration, it seems like republicans are eag
CNN
Dec 1, 2012 5:00am PST
creating a bit of a deficit in other areas? >> remember, as you -- as you said, and your very good question about piecemeal versus comprehensive, this is a piecemeal approach, and as long as we agree on the end game and where we're going, we need, you know, a path to legalization for people who have been here, who don't have a criminal background, who have been working and contributing, who have really been trying to access the american dream, and our immigration laws don't allow them to do that. >> mr. secretary -- >> we also need -- we also need a future vision for immigration. how do we manage immigration in the future? we have 75 categories. we need to change our laws, but the republican party needs to be the party of immigration, and by the way, the democrats haven't proven yet that they are the party of immigration. we'll see how they deal with the zmt s.tm s.t.e.m. act in the senate. >> what you just articulated, my question is how does that get through a republican primary? mitt romney felt the need to go far right, closer to the far right than even newt gingrich when he brought up
FOX Business
Dec 5, 2012 1:00pm EST
should be because part of the deficit problem, a great part, is entitlements, social security and medicare, keep adding fiscal burdens as people's live expectancy increases and it's great that people are living longer but when social security was first thought of the life expectancy was only 67. now it is around 85. we need to raise retirement ages or somehow thinking about cutting back on benefits to keep the programs in balance. ashley: diana, the other side of this issue is coming down to taxes. two years ago the president said he didn't want to let taxes go up because gdp growth was so low. how can you make that argument two years later today. gdp still struggling to get any traction? >> he should be making that argument because gdp growth is now at 2%. it was at 2.5 when he made the argument in 2010. there was even more reason not to get tax rates higher, not to allow them to go higher. the only way we'll get out of this fiscal mess is through more economic growth. and if we raise tax rates that is going to stifle economic growth. we need to be keeping tax rates the same
KRON
Dec 4, 2012 5:00pm PST
deficit. >> after a white house meeting tuesday, a bipartisan group of governors expressed hope an agreement will be reached, soon. none of us >> but none of us want to see taxes on middle class folks go up and we think it would have a significantly negative impact on our economy but we are not backing one particular plan or the other. >> experts forecast economic turmoil in january, if a deal is not reached. in washington, i'm karin caifa. >> a controversial photograph generating making the roudns online -- generating outrage. police say a man in new york was pushed onto the subway tracks at a timesquare station -- then struck and killed by a train. a photographer on the platform picked up his camera as it all happened. we must warn you -- some viewers may find this picture disturbing. this is on the cover of the new york post. the subway train apparently just seconds away from hitting the victim. investigators say the man tried to pull himself up -- but could not make it. police are questioning a man fitting a desription from surveillance video. witnesses say the victim, a
CSPAN
Dec 3, 2012 11:00pm EST
of protecting lives, but the delicate a structural deficit that the expenditure triggered that without that are basically enough firemen and police. president of on this prompt declaration was much appreciated because it took some of the doubt about whether spending money was going to rebound homering again. if we can look at the per capita threshold that triggers the high reimbursement, the fact is communities deserve that. they've experienced in historic repetition of bad weather that is really now starting to hit home and muscle in terms of the ability to provide basic functions for local government. thank you for holding this hearing and look forward to record the senate and house bipartisan groups to get the right response. >> representative, thank you. as a former member local government, there's so many times you go to the well. as a small tax base coming out of a recession with receipts are down. you make an important point this committee won't be dealing with supplemental directly. indirectly we will because so many of us, not myself on the west coast although born on the east
FOX News
Dec 1, 2012 3:00am PST
the rich with are not going to go to pay down the deficit. they are not going to help them. they are going to lay off 700,000 of them who won't have jobs. and the republics need to simplify the message to simply say if you think the government isn't spending enough money, then support the president. if you think that what we really need to do is stop spending away our grandchildren's future, then you better just tell the president it's time to sit down, come home to washington, stop the speeches, stop the campaigning and get serious about being president of the united states. >> governor, we are talking this morning about a school down in florida. one of probably many schools around the country that have taken down their nativity scenes. they are replacing it with a little frosty the snowman. board of education guy you are going to have problems with the church and the state the school said we don't want to have any sort of lawsuits and deal with that we will take this stuff away. rhode island, the christmas confusion there. the governor there has a problem with calling it a christmas tree
CSPAN
Nov 30, 2012 9:00am EST
at a structural deficit that again, expenditure triggered that is now going to put at risk possibly laying off firemen and police but then again, resident obama's profit declaration was much appreciated because that kind of took some of the doubt about whether or not spending money is going to again rebound and boomerang against him but the fact is we can look at that per capita threshold that triggers a higher be imprisoned, putting this package together at the fact is that these communities deserve that. again, they have experienced just a historic repetition of bad weather that is really now starting to hit bone and muscle in terms of their ability to provide basic functions of local government. again, thank you for holding this hearing, and look forward to working with the senate and the house, bipartisan group to get the right response is. >> representative, thank you. as a former member of local government, there's only times you can go to the well. small tax base, especially coming out of recession when receipts are down and then this hits. i think you make an important point. this comm
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